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Wednesday, July 26, 2017

Thrifty Thinking: The Cost of Childcare

Did you know 1 in 3 families spend 20% or MORE of their household income on child care? For the fourth year in a row, Care.com's Cost of Care Report spoke in-depth with more than 1,000 parents nationwide about their child-care spending habits, including the rising costs of child care centers, nannies, and babysitters.

1 in 3 families spend 20% or more of their household income on child care

52% of families think they're spending too much on child care.

32% of families are willing to go in debt (or further in the hole) to pay for child care